Thanks @exyle! I had this discussion some days ago on a german thread. Here in Austria you only have to pay taxes, when you hold cryptos for less than a year. That sounds good if you plan to hodl anyway, but it´s horrible in real life, because the moment you exchange one crypto for another, you have to treat it like a sell! (And there are normal income taxes on it - so everything beyond 100k per year means paying 50%tax) Since I sometimes do several exchanges per day between cryptos, I would need to quit my job and do nothing else but documenting every buy/sell and the price at this moment - that´s more than anyone can handle! What makes things worse with Steemit is, that if done correctly, you will have to document every time you click on the "Redeem" button and the price of STEEM and SBD at the moment you click! This is simply undoable!